Recently, Lingang New Area of China (Shanghai) Pilot Free Trade Zone officially released “Several Measures for Developing ”Super Individual“ Economy”, launching a full range of entrepreneurship support policies for small and micro-enterprises with a staff size of no more than 10 ("OPCs"), providing an unprecedented policy dividend for One-person companies and small and micro entrepreneurs to create an exclusive fertile ground for entrepreneurship, especially for entrepreneurs in cross-border data, AI, live e-commerce and other tracks to provide unprecedented policy dividends.

The Shanghai branch of Russia's Foreign Trade Bank (VTB) has officially opened the access to bank transfers throughout Russia, becoming a compliant, stable and efficient core collection channel for enterprises trading with Russia.

Regardless of whether the customer uses any local bank account such as Sberbank, Alfa-Alpha, etc., the funds can be transferred directly to the account of VTB Shanghai Branch; the account funds can be directly connected to the domestic banking system, realizing cross-border collection and transfer within the country. The funds in the account can be directly connected to the domestic banking system, realizing the closed loop of the whole process of cross-border collection and domestic transfer, and completely solving the pain point of Russian trade collection.

In the track of business operation, finance and taxation is the foundation and the “lifeline” that cannot tolerate any sloppiness. Many bosses in the start-up period or development, will give preference to the lower price of the agency, think “can bookkeeping and tax filing on the line”, but really wait until the tax warning, compliance risk outbreaks, only to find that the initial save that cost, and ultimately have to pay ten times, a hundred times the cost.
Today, we will break up the story with you: the core gap between the accounting company and the professional tax compliance services is not in the numbers on the quotation, but in the risk prevention and control capabilities, strategic service dimensions and enterprise value empowerment. If your business is in a critical period of growth, this content must be read to understand how to choose the right tax partner, to avoid the invisible pit.

In addition to individual applications, applying for a green license in the name of a company has a ridiculously low threshold! Even if the company is just registered, has never paid taxes, social security is just 1 person, as long as the budget is 15,000, it is not a dream to get the license in compliance!

The Shanghai Municipal Transportation Commission and the Shanghai Municipal Commission of Commerce jointly issued the "Notice on Optimizing the Policy of Applying for Shanghai License Plates for Enterprises", which will come into effect on January 1, 2025, and will expire on December 31, 2025, respectively. Newly registered Shanghai companies can enjoy the "green channel" to apply for Shanghai license plates.